April 2020

With ongoing unemployment claims soon to be 3 times higher than the previous record set in 2009 and the blanket forbearance pledge in the CARES Act, the percentage of homeowners not making mortgage payments has surged to previously unimaginable levels at an even more unimaginable pace.
Source: Kevin Litwicki MBSLIVE
In Response to Mortgage Market Concerns, Government Says "Take a Number!"

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